Ripple acquires crypto custody startup Metaco for $250 million

TechCrunch
By Romain DilletMay 17, 2023, 8:45 am126 pts
Ripple has announced that it has acquired Metaco, a cryptocurrency custody company based in Switzerland, for $250 million in cash and Ripple equity. With this move, Ripple will expand its offerings as it will now be able to custody, issue and settle any type of tokenized asset. “Metaco is a proven leader in…

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